Litecoin appears relatively unsteady on Tuesday, after the fifth largest cryptocurrency by market capitalization found strong technical resistance from just shy of the $80.00 level.
Anchor, a two-token stablecoin algorithmically pegged to the global economy, has launched beta testing of its new Anchor Wallet. Developed in partnership with Ambisafe, the wallet allows users to directly purchase ANCT stable tokens with any fiat currency, or major cryptocurrencies such as BTC, ETH, USDT and USDC. The ANCT is based on the the Ethereum blockchain, which means that the tokens can then be sent to any valid Ethereum wallet address.
The largest gift card exchange in Japan will use the aelf (ELF) blockchain in order to radically improve the issuance, distribution and traceability of gift cards.
Amaten, which processed more than a million transactions altogether last year with 132,000 users, said it will be developing a new gift card marketplace on top of the aelf blockchain, enabling it to expand into neighbouring markets, such as Korea and China.
Bitcoin is rising yet again, as the largest digital asset consolidates above $10,000. While it’s common to attribute bull runs to institutional money, Chinese tariffs or inverted yield curves, this year’s rise could have been triggered by an unexpected catalyst: third party custodians.
Ripple has been in the headlines today, as the Spanish bank Santander confirmed plans to extend the use of Ripple’s xCurrent network. The banking behemoth will be rolling out its One Pay FX mobile app to customers in Latin America, enabling a payment gateway for sending funds to the U.S.
The XRP price jumped from $0.25 on Sunday to nearly $0.29 today, with XRP buyers giddy at the prospect of another giant leap for Ripple technology.
The only problem? The news doesn’t mean anything at all for the true value of XRP.
For all the theoretical debates raging across the Twittersphere, it’s hard to find concrete evidence that cryptocurrencies are helping the poor and unbanked. Meanwhile, outside the notice of crypto pundits, an independent aid campaign is making practical use of cryptocurrencies to help flood victims in Iran, right now.
Microwork may be the most niche form of online labor there is: it doesn’t pay very much, but it does get quite a lot of work done by spreading tasks far and wide. Usually, this involves transcribing media, data entry, filling out surveys, and viewing ads – or any other brief tasks.
At first glance, microwork doesn’t look like much, but it is in fact quite commonplace. A recent study from the World Bank found that, in 2013, there were over 500,000 active microworkers worldwide. This accounted for 12% of all online work. Six years later, the numbers are likely to be even higher.
Binance has unveiled a new stablecoin issuance platform that will allow governments and companies to develop and deploy their own asset-backed tokens, which can be pegged to any fiat currency.
Dubbed ‘Venus,’ the new platform is an open blockchain project that provides the tools to create a stablecoin on Binance Chain, the native blockchain of the Malta-based exchange.
Friday graced us with a positive fundamental trigger, with Bakkt finally being given the green light to launch Bitcoin derivatives trading on September 23. This follows almost an entire year of delays – and although the crypto market never lost interest in the upcoming platform for institutional investors, it was beginning to lose faith.
Ethereum has started the new trading week with a more positive tone as the broader cryptocurrency market attempts to recover some of last week’s steep losses.
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